Anders Pålsson will take up his position as CEO of Hilding Anders on 1
January 2003. He will take over from the present CEO Bengt Adolfsson who
has been appointed chairman of the board.

"The Hilding Anders Group is in an expansive phase and I see the
realisation of the company's goal to be one of the world's leading bed
manufacturers as an exciting challenge," comments Anders Pålsson on his
new appointment.

Anders Pålsson, 44, is currently head of the Services business area at
Sydkraft. Prior to this he worked at PLM and Trelleborg.

Hilding Anders (www.hildinganders.se) is today Europe's largest bed
manufacturer with a market share of 15%. The company has operations in
14 countries around Europe. Hilding Anders has grown substantially in
recent years from sales in 1987 of approximately SEK 62m to its present
level of approximately SEK 3.8 billion. The company has approximately
2,200 employees. A...